Emirates NBD open offer for 26 percent stake in RBL Bank at Rs 282.38 per share

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

RBLBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.5%Reaction day

₹346.95

prior close

₹342.20

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%-1.7% vs market

Private Sector Bank peers, median of 19sector-0.7%-1.8% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Smallcap 250 and 1.8 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

-0.4

Sessions after the filingfrom the prior close

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Reaction day

-2.5-0.8-1.7-0.7-1.8

Next day

-0.8-0.3-0.5+0.1-0.9

+0.4-0.2+0.6-0.2+0.6

+2.0+0.4+1.7-0.8+2.9

+1.3+0.4+0.9+0.1+1.2

-0.7-1.4+0.8-1.5+0.8

+3.3-1.2+4.5+0.6+2.6

15d

+8.7+5.0+3.7+5.5+3.2

+4.2+4.8-0.5+4.6-0.4

+9.5+6.9+2.6+8.2+1.4

+9.7+8.1+1.6+10.1-0.4

UpDownMarket · Nifty Smallcap 250Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Emirates NBD Bank (Dubai) is making a cash open offer to acquire up to 41.56 crore shares (26 percent of expanded share capital) of RBL Bank at Rs 282.38 per share (Rs 280 plus Rs 2.38 interest). Maximum total consideration is about Rs 11,735 crore. This follows a preferential issue of about 95.9 crore shares to Emirates NBD at Rs 280 each. All required approvals including RBI, DPIIT and CCI have been received. Offer opens 1 June 2026 and closes 12 June 2026. Post completion, Emirates NBD holding will not exceed 75 percent.

Likely market impact

Public shareholders can tender shares at Rs 282.38 each. Signals a major foreign bank acquisition in Indian private banking, likely positive for the stock.